RUSSELL 2000 INDEX - $RUT
Monthly chart shows continued bearish with the index well below all key moving averages and the down trendline in place. No buy signal/pattern evident on this timeframe. 
Weekly chart remains extremely bearish with the index trading well below all its key moving averages on this timeframe. The bears managed to take the index down to a lower low, and now November 2008 low becomes a key LIS where old support becomes new resistance.
Daily chart remains bearish with the index trading well below all its key moving averages. The bears managed take the index below the key LIS and November 2008 low, but Friday's trading session resulted in a doji candle pattern, indicating indecision between the bulls and the bears. Price action traced out a potential bullish butterfly pattern. Look to next week's early trading session to see whether this pattern will play itself out or not.
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